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Listed by Brenda Auer • Auer Real Estate Inc.
$1,599,000
Est. payment /mo
1,716 SqFt
Active
1218 E Grand Avenue Arroyo Grande, CA 93420
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Key Details
Property Type Single Family Home, Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,716 sqft
Price per Sqft $931
MLS Listing ID CRPI25091995
HOA Y/N No
Year Built 1955
Lot Size 0.498 Acres
Property Sub-Type OTHER
Source Datashare California Regional
Property Description
1/2-acre Residential/Commercial mixed use property located on Grand Ave next to Chase bank, and directly across from Starbucks & Chipotle. Property is a long strip 70 ft wide by 310 ft long, with single ingress/egress directly off Grand Ave. At the front of the property, just along the pedestrian zone is an approximately 350 sq ft stand alone commercial unit with full bathroom and loft area, and an adjacent 1,000 sq ft paver parking/patio area. This space is currently setup as a home-style office and can potentially be utilized for a wide range of businesses activities, including but not limited to retail sales, food & beverage, lodging/vacation rental, and a variety of different services. Heading up the driveway are 3 residential units, each with their own dedicated parking and yard/patio areas. The front home is a 2 bedroom 1 bath unit and overlooks a private fenced yard in the front. It has a stacked washer/dryer setup in the bathroom. The back 2 units are both 1 bedroom 1 bath and have been fully refinished with all new cabinets, counters, flooring, fixtures, tile showers, etc. They share a common laundry room that is accessed from each of their respective covered patios. The 3 rentals have averaged $7,500/month gross rental income for the past couple of years. The back 1/2 o
Location
State CA
County San Luis Obispo
Interior
Fireplace No
Laundry Laundry Room, Other
Exterior
View Ocean
Building
Lot Description Other, Garden
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